EDF Trading

Graduate Quantitative Analyst

EDF Trading  •  London, GB (Hybrid)  •  20 days ago
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Job Description

When you join EDF Trading, you’ll become part of a diverse international team of experts who challenge conventional ideas, test new approaches, and think outside the box.

Energy markets evolve rapidly, so our team needs to remain agile, flexible, and ready to spot opportunities across all the markets we trade in power, gas, LNG, LPG, oil, and environmental products.

EDF Group and our customers all over the world trust that their assets are managed by us in the most effective and efficient manner and are protected through expert risk management. Trading for over 20 years, it’s experience that makes us leaders in the field. Energy is what we do.

Become part of the team and you will be offered a great range of benefits, which include (location dependent) hybrid working, a personal pension plan, private medical and dental insurance, bi-annual health assessments, corporate gym memberships, an electric car lease programme, childcare vouchers, a cycle-to-work scheme, season ticket loans, volunteering opportunities, and much more.

Gender balance and inclusion are very high on the agenda at EDF Trading, so you will become part of an ever-diversifying family of around 750 colleagues based in London, Paris, Singapore, and Houston. Regular social and networking events, both physical and virtual, will ensure that you always feel connected to your colleagues and the business.

Who are we? We are EDF Trading, part of the EDF Group - a world leader in low-carbon, sustainable electricity generation.

Join us, make a difference, and help shape the future of energy.

Department Overview

The Quantitative Solutions department is business focussed and prides itself in being subject matter experts across our core areas: business knowledge, research and development of derivatives models, analytical tools, producing highly scalable performant compute services for pricing and risk.

Team Description

The Quantitative Analysis team is responsible for the research and implementation of models for derivatives pricing and market analysis. The core deliverables are a C++ library and Python services for pricing, risk calculation, and parameter estimation. The team partners with trading desks, pricing & structuring, and commercial teams, to recommend and develop new models, and to identify and implement enhancements to existing models. The team works closely with Quantitative Development and Quant Risk to ensure that models are efficiently implemented, tested, and well documented.

Core Responsibilities

  • Partner with trading desks and structuring to gather requirements for new derivatives models
  • Undertake research and development for new models and upgrades to existing models
  • Backtest models to provide insights on model behaviour and suggest strategies for trading
  • Calibration/estimation of model parameters, working with development teams for deployment
  • Partner with Quantitative Development to develop pricing libraries and data analysis tools
  • Actively engage with Quant Risk to test and document proposed enhancements to models

Technical Requirements

  • Good programming skills in C++ and Python; able and willing to write clear and effective code
  • Sound understanding of linear algebra, calculus, statistics, and numerical optimization methods
  • Basic knowledge of commodities trading and preferably some exposure to option pricing theory

Person Specification

  • Strong analytical and problem solving skills with an exceptional level of attention to detail
  • Good communication skills with the ability to actively engage with non-technical audiences
  • Capable of thriving in a fast paced yet collaborative and team-driven trading environment

Hours of work:

08:30 to 17:30

EDF Trading

About EDF Trading

EDF Trading is a leader in the international wholesale energy markets. We manage a portfolio of assets which give us the ability to source, supply, transport, store, blend and convert physical commodities around the world. These capabilities enable us to deliver essential asset optimisation services, risk management and wholesale market access to the EDF Group and our third-party customers, helping them to realise the value inherent in their asset portfolios.

EDF Trading is active in the electricity, natural gas, LPG, oil and environmental products markets. We are also active in the LNG and coal and freight markets via JERA Global Markets. We are one of the largest wholesale market traders in Europe for power and gas. In North America, we are one of the leading marketers of gas and power, one of the main providers of generation services for power generation companies and a leading energy retailer for large commercial and industrial customers.

We are a 100% owned subsidiary of EDF SA., one of the world’s biggest electricity generators and a leader in low-carbon production.

EDF Trading recognises the importance of attracting, retaining and developing diverse world-class professionals. We identify, foster and reward all talent, valuing and leveraging the diversity amongst our people to offer creative and innovative products and services to the EDF Group and our third-party customers. We have a culture that enables us to be forward thinking and agile and at EDF Trading, individuals can really make a difference. Everyone shares a common vision and a team spirit that encourages people to make things happen. EDFT is about working together, embracing the challenge and delivering exceptional customer service.

With offices in London (Headquarters), Paris, Houston and Singapore, we have a cosmopolitan mix of more than 35 nationalities from our global employee base of around 800 people.

Photo: c. EDF

Industry
Oil, Gas & Mining
Company Size
501-1,000 employees
Headquarters
London, GB
Year Founded
1999
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